Antam's gold prices declined by Rp 4,000 to Rp 576,200 per gram after stagnating in the last week.
Likewise with the purchase price (buyback) come down to Rp 517 thousand per gram for Antam officially certified gold.
The price of gold for the biggest size is 250 grams, Antam sold it for Rp 537 thousand, or approximately USD 134,250 million.
Of size 1 gram to 250 grams, most of the remaining stock of gold is still there. New stock sold for size 4 grams.
Here's a list released by Antam's gold price at 08:23 pm:
* Denomination 1 gram Rp 576,200
* Denomination 5 grams Rp 2,731,500
* Denomination 10 grams Rp 5.422 million
* Denomination 25 grams Rp 13,480,000
* Denomination 50 grams Rp 26,895,000
* Denomination 100 grams Rp 53,740,000
* Denomination 250 grams Rp 134,250,000
Antam's gold price conditions indicate conditions in the global market. The increase in the gold price is happening, cast doubt on the market that it will continue this year.
A few months ago, all parties believe that with the increase in gold prices and they also expect these conditions to continue.
But doubts emerged about the current gold price at least in the short to medium term.
Although quantitative easing in the U.S. has been going on and entered the third round, but the price of precious metals in the international market has fallen nearly 5% of U.S. $ 1,753 per troy ounce to U.S. $ 1,667 per ounce.
The main reason for the decline in international prices is estimated equity return index profitable and many developing countries are rising at its highest level in several years.
Leadership large commodities trader said some of his clients take the bet if the price of gold would be bearish and expect the low price of U.S. $ 1,520 per ounce.
"They are rising equity markets globally and encouraging gold at the last position in the near future," as reported by Business Standard.
He said the price of gold in May 2012 fell to U.S. $ 1,538 per ounce from the level of U.S. $ 1,900 in September 2011.
In international markets, gold is now moving in a tight range of U.S. $ 1,665 - U.S. $ 1,695 per ounce. (Nur)
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